Opening (IRA): IWM Dec 20th 195 Covered Call

Updated
... for a 193.79 debit.

Comments: Re-upping with a monied covered call in the December 20th expiry at a strike that is slightly higher than the one I just took off to "capture" the next little increment of up move that I missed out on. I'm not expecting much out of this (it has a 1.21 max), but didn't want to set up my tent in January yet either.
Trade closed: target reached
Hit 50% max, closing for a 194.40 credit. .61 ($61) profit.
Beyond Technical AnalysiscoveredcallIWMoptionsstrategies

Disclaimer